Stonebrook Private Inc. Invests $130,000 in Eaton Vance Municipal Income Trust (NYSE:EVN)

Stonebrook Private Inc. purchased a new stake in shares of Eaton Vance Municipal Income Trust (NYSE:EVN) during the 4th quarter, Holdings Channel reports. The fund purchased 13,245 shares of the investment management company’s stock, valued at approximately $130,000.

Several other hedge funds have also added to or reduced their stakes in the company. Wolverine Asset Management LLC acquired a new position in Eaton Vance Municipal Income Trust during the 3rd quarter valued at about $77,000. Landscape Capital Management L.L.C. lifted its holdings in Eaton Vance Municipal Income Trust by 41.4% in the third quarter. Landscape Capital Management L.L.C. now owns 18,607 shares of the investment management company’s stock valued at $166,000 after buying an additional 5,445 shares during the period. Chicago Partners Investment Group LLC boosted its stake in Eaton Vance Municipal Income Trust by 83.5% in the third quarter. Chicago Partners Investment Group LLC now owns 18,784 shares of the investment management company’s stock valued at $163,000 after acquiring an additional 8,550 shares during the last quarter. Camelot Portfolios LLC grew its holdings in Eaton Vance Municipal Income Trust by 47.8% during the 4th quarter. Camelot Portfolios LLC now owns 32,838 shares of the investment management company’s stock worth $322,000 after acquiring an additional 10,626 shares during the period. Finally, Ackerman Capital Advisors LLC bought a new stake in shares of Eaton Vance Municipal Income Trust during the 4th quarter valued at $338,000.

Eaton Vance Municipal Income Trust Stock Down 0.1 %

Shares of Eaton Vance Municipal Income Trust stock opened at $9.83 on Tuesday. The business has a fifty day simple moving average of $10.11 and a 200 day simple moving average of $9.81. Eaton Vance Municipal Income Trust has a 12 month low of $8.64 and a 12 month high of $10.45.

Eaton Vance Municipal Income Trust Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Thursday, April 18th. Investors of record on Thursday, April 11th were paid a dividend of $0.0461 per share. This represents a $0.55 annualized dividend and a yield of 5.63%. The ex-dividend date of this dividend was Wednesday, April 10th.

Eaton Vance Municipal Income Trust Profile

Eaton Vance Municipal Income Trust is a close ended fixed income mutual fund launched and managed by Eaton Vance Management. It invests in the fixed income markets. The fund invests primarily in investment grade municipal obligations of various sectors, such as cogeneration, education, electric utilities, general obligations, healthcare, hospital, housing, transportation, and nursing home.